Fed ' s preferred inflation gauge shows price pressures stayed elevated last month

A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed's reluctance to cut interest rates anytime soon and underscoring a burden for President Joe Biden's re-election bid. Friday's report from the government showed that prices…#federalreserve #jeromepowell #pce
Source: Reuters: Health - Category: Consumer Health News Source Type: news
More News: Government | Health